Category: edges
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UK jobless rate edges higher as Reeves’s tax rise stalls hiring
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Unemployment rates rose in the UK while the number of job vacancies fell to their lowest level in more than three years, suggesting employers have pulled back on hiring after Chancellor Rachel Reeves’ October budget raised National Insurance contributions. New figures from the Office for National Statistics (ONS) show the…
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Bitcoin Dominates 2024, Edges Gold And Major Indices
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This article is also available in Spanish. If there is one crypto asset that is expected to be a huge success in 2025, it should be Bitcoin. The first cryptocurrency offering has shown remarkable success heading into 2025. After recording strong numbers in the past few weeks, analysts have high…
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Landlords defy tax hike as buy-to-let share of market edges higher
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Landlords appear to be ignoring the Government’s latest tax rises, according to new data suggesting buy-to-let investors now account for a larger share of property purchases than before the Chancellor’s latest reforms. The analysis, conducted by the Hamptons real estate agency on transaction data from its parent company, Countrywide, shows…
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Dollar edges higher against major currencies as traders weigh US data By Reuters
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By Chibuike Ojoh and Alun John NEW YORK/LONDON (Reuters) – The US dollar stabilized against major currencies on Friday as markets absorbed a large number of economic data that supported the current monetary policy path of the Federal Reserve (US central bank). The Labor Department reported that its U.S. producer…
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Dollar edges higher ahead of Fed minutes; euro weakens By Investing.com
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Investing.com – The US dollar rose on Wednesday ahead of an opportunity to assess US interest rate expectations, while the euro fell. At 04:10 EDT (08:10 GMT), the dollar index, which tracks the US currency against a basket of six other currencies, rose 0.1% to 102.387, not far from its…
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Dollar edges higher ahead of Fed minutes; euro weakens By Investing.com
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Investing.com – The US dollar rose on Wednesday ahead of an opportunity to assess US interest rate expectations, while the euro fell. At 04:10 EDT (08:10 GMT), the dollar index, which tracks the US currency against a basket of six other currencies, rose 0.1% to 102.387, not far from its…
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US dollar edges up to two month highs as Fed, CPI eyed By Reuters
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Written by Alden Bentley NEW YORK/LONDON (Reuters) – The U.S. dollar rose on Wednesday ahead of the release of records of the Federal Reserve’s decision in September to cut interest rates by 50 basis points, reflecting confidence that the central bank will not continue to ease aggressively. Concerns about demand…
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Crypto Breakout Edges? China’s Stimulus May Fuel Rally, Says QCP Capital—Here’s Why
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China’s recent stimulus measures have sparked optimism in global financial markets, and according to QCP Capital analysts, the effects could soon extend to the crypto space. While stock indices have responded positively to China’s economic policies, the cryptocurrency market has yet to see a similar surge. However, QCP Capital believes…
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Crypto Breakout Edges? China’s Stimulus May Fuel Rally, Says QCP Capital—Here’s Why
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China’s recent stimulus measures have sparked optimism in global financial markets, and according to QCP Capital analysts, the effects could soon extend to the crypto space. While stock indices have responded positively to China’s economic policies, the cryptocurrency market has yet to see a similar surge. However, QCP Capital believes…
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Dollar edges off lows; sterling gains after strong retail sales By Investing.com
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The US dollar rose slightly on Friday, but remained under pressure after a major interest rate cut by the Federal Reserve, while the British pound rose strongly after healthy UK retail sales data. At 04:00 ET (09:00 GMT), the dollar index, which tracks the greenback against a basket of six…
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Asia FX muted, dollar edges lower as Fed, BOJ meetings loom By Investing.com
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Most Asian currencies were little changed in thin holiday trade on Monday, while the dollar fell as markets awaited a Federal Reserve meeting where the central bank is likely to cut interest rates. Regional trading volumes were thin due to holidays in markets in Japan, China and South Korea. But…
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Dollar edges lower ahead of payrolls; euro benefits By Investing.com
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Investing.com – The U.S. dollar was slightly lower on Monday in light holiday-affected trading, as traders awaited key labor market data for clues on a potential interest rate cut by the Federal Reserve. At 05:55 ET (09:55 GMT), the dollar index, which tracks the greenback against a basket of six…
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Bitcoin Edges Higher But This On-Chain Indicator Says Wait
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At the time of writing, Bitcoin price is holding steady, finding support at the $56,300 to $57,000 level, looking at the performance on the daily chart. Technically, sellers have the upper hand from an effort vs. outcome perspective. For the short-term trend to change, prices must recover the losses incurred…
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Bitcoin Edges Higher But This On-Chain Indicator Says Wait
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At the time of writing, Bitcoin price is holding steady, finding support at the $56,300 to $57,000 level, looking at the performance on the daily chart. Technically, sellers have the upper hand from an effort vs. outcome perspective. For the short-term trend to change, prices must recover the losses incurred…
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Dollar edges higher ahead of key data; euro weakens on German inflation By Investing.com
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Investing.com – The U.S. dollar edged higher on Thursday, recovering from recent lows ahead of a series of key economic readings, while the euro retreated. At 04:10 ET (09:10 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was up 0.2% at 101.182, after…
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Dollar edges lower ahead of Jackson Hole; euro, sterling higher By Investing.com
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The US dollar fell in early European trading on Friday, as the recovery from seven-month lows faltered ahead of Federal Reserve Chairman Jerome Powell’s much-anticipated speech at the Jackson Hole Symposium. At 04:30 ET (09:30 GMT), the dollar index, which tracks the greenback against a basket of six other currencies,…
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Dollar edges higher ahead of retail sales; sterling gains on GDP growth By Investing.com
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The US dollar rose slightly on Thursday, but remained close to seven-month lows after benign inflation data, while sterling rose after strong growth data. At 05:45 ET (09:45 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was up 0.1% at 102.452, just above…
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Dollar edges higher ahead of PPI; sterling rises on wage data By Investing.com
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The U.S. dollar rose in narrow trading ranges on Tuesday, as traders awaited the release of the July producer price index, the first double-digit inflation bill this week, for clues on the Federal Reserve’s future monetary policy decisions. At 05:10 ET (09:10 GMT), the dollar index, which tracks the greenback…
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Dollar edges higher ahead of key CPI release By Investing.com
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The US dollar edged higher on Monday, in quiet trading as traders looked ahead to key inflation data later in the week for clues on the Federal Reserve’s future monetary policy decisions. At 04:30 ET (09:30 GMT), the dollar index, which tracks the greenback against a basket of six other…
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Dollar edges higher,yen falls after BOJ rules out another rate hike, for now By Investing.com
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Investing.com – The U.S. dollar rose slightly on Wednesday, while the Japanese yen fell after the Bank of Japan tried to calm troubled waters by signaling it would not raise interest rates again while markets remain volatile. At 04:25 ET (09:25 GMT), the dollar index, which tracks the greenback against…